Lost money after costs, 1.0 points behind buy and hold.
20/50 EMA cross, long and short · 7 major currency pairs
It returned −0.1% in total over the test, after costs; buying and holding over the same period returned +0.9%, 1.0 points more. It lost money after costs over the period. Its checks still ran and are shown below for reference: with no gain, a passed check doesn't point to an edge.
The rules: Goes long when the 20-day exponential average crosses above the 50-day one and short when it crosses below; each position is closed when the two averages cross back.
StratLab ran these rules through its own backtest on every stock in the group, after costs, and through four checks: unseen years, nearby settings, a bad-luck drawdown and enough trades. The page shows the return beside buy and hold and the result of each check. A verdict describes the past, not what comes next, and nothing here is investment advice.